That's a 12-point turnaround for Obama — and the first good
news he has had on the polling front after a months-long decline
into un-electable territory.

While his approval rating is still underwater — he's is in a much
better place politically now than he was just four weeks ago.

Here's why Obama is suddenly coming back:

It's the economy, stupid.

The markets — the most visible economic indicator — tanked at the
end of September, but closed out the biggest month in over a
decade in October.

Likewise, most other indicators came in at or ahead of
expectations, providing some more optimism about the nation's
future.

He's found a message that works.

Obama has been feisty lately, attacking Congress for blocking his
American Jobs Act, and that strategy seems to have paid off in
the polls. As much as Americans don't like to see people passing
the buck, they dislike Congress even more. Americans
overwhelmingly approve of the bill's components — and Obama now
has a bogeyman to blame for all of his problems.

Republicans are killing each-other in the
debates.

There were two prime-time Republican presidential debates in
October — Including the intense CNN debate in Las Vegas that devolved into a
brawl between Mitt Romney and Rick Perry and saw the candidates gang up on
Herman Cain. These clips were replayed and repeated for days —
and by comparison, Obama looks more presidential.